Darling hints at crisis move
Published Date:
07 October 2008
THE Prime Minister's attempts to convince the markets – and the public – that he is getting to grips with the financial crisis has been undermined by the actions of two other European Union member states.
At the weekend the Germans seemed to take the Government by surprise when they followed the lead of the Republic and pledged to cover all private savings accounts.
Yesterday the Chancellor Alistair Darling was forced to concede that protection for savers in Britain may rise again from the planned £50,000 limit.
Ironically on Saturday the EU had met to consider a co-ordinated response to the turmoil engulfing the world banking sector but national interests appear to have taken precedence.
The full article contains 120 words and appears in n/a newspaper.
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Last Updated:
07 October 2008 9:13 AM
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Source:
n/a
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Location:
Belfast
